Freight rates for containers bound to the US and European markets from India are 300 percent more expensive in the last four months. Inter-Asia movement for containers from India to countries like Taiwan, Malaysia, and Singapore have quadrupled since October. The equipment imbalance in the US and Europe is leading to containers being stuck at …
The post Container freight rates stay elevated; Inter-Asia freight rates up 400% first appeared on Hellenic Shipping News Worldwide.
Author: Capt....